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One shouldn't follow the "rats" as they abandon the ship. As they do, the price becomes more and more attractive. It's just another painful ride on the BRTX train. Hold on tight and sit on something soft...
I agree that it makes no sense to invest in production facilities to make BRTX-100. So, we can agree that it is highly unlikely that it is associated with this program.
So, what could it be about...?
So much useless chatter. The BRT-100 they are trying to get FDA approved is already in use for decades. Less a total screw up in the clinical trial(s), the results will be positive. The world already knows that it's safe and effective based on the data collected and the success rate of those that have had the procedure. The baseless fear of stem cell induced tumors is false as shown by the results in real patients.
If the FDA were "smart", they would look at the years of results and approve the procedure widely in the US. Luckily, for BRTX this will never happen.
Someone needs to pay for the clinicals and get the approvals necessary to be " the oneˆ approved to conduct, and/or license the procedure in the US. What is this worth? Say it costs them $24 M and 5 years to get fully approved ( phase 2 and phase 3).
With full approval, The market cap would be around 1 Billion USD.
It will be a long haul. And yes, the share structure will need to be fixed in due time. The fact that the 300B is so large, it will discourage investors to buy shares.
I would like to see a person/ company with the foresight to see the value in investing $ now to reap huge rewards in a 5 year time span.
If I had $ 12M to free up, I would pay for the Phase 2 trial myself. It"s a no-brainer.
Long and strong for the foreseeable future.
I used "weak hands" in quotes to denote what many use to define people selling at a loss in frustration, or fear.. or both.
I have a huge position in BRTX since May last year and I too have been on this bloody roller coaster ride, so I get it.
I used to have a knack for jumping off the train just before it started to take off again. I've felt like jumping off BRTX a number of times, but just keep buying more and continuing to profit off big daily swings.
BRTX share price will appreciate well above the current. However, an awful lot of patience will likely be required.
Keep selling me your shares sub penny. 30M shares and counting.
When the "weak hands" are letting go of their shares is the best time to buy shares and turn them over with the swings. Even w/o any dramatic news BRTX will work it's way back up to .03+ range. I was expecting a nice jump when the stop sign came down with the gate swinging open for more buyers.
It appears that Lance and crew need to boost confidence of the company.. The flurry of world wide patents was encouraging, but again had almost no effect on the share price.
I would like to see them do some PR regarding the fact that it is already a proven therapy outside of the US for decades now. I'm not sure that everyone knows this.
Too bad the FDA requires a full series of expensive clinical trials to prove something is already a proven 80% effective treatment the procedure and not just for bulging discs.
https://regenexxcayman.com
I understand that a coming back out party is never as good as the original, but jeez you would think BRTX was the ugly girl sitting in the corner, ever unappreciated. Cmon people give her some LOVE.
I'll fill your gap right here. I believe we will land around $.0200 BEOD.
I have more than a 50:50 chance of being right.
I think they will wait a bit to see if the share price appreciates. Either we see a big move up, or they will need to add enough to the current 1.03 B shares to get another $10-$12M. The higher the price moves, the fewer shares they will need to dump on the open market.
The BRTX market cap is quite low ccmpared to other biotech start-ups. Although, the scarlet letter of a BK will slow them down for a while,
A market cap of 151M is quite reasonable and would take pps to around $ .14/ share.
As long as the greater markets hold off on crashing through July, I believe we can be there by then/ sooner.
It doesn't matter if you don't think they deserve it- BRTX can't stay pink for too long, or she's gonna stink.
Good out of the gate, but the old horse ain't attractin' much but flies as she runs down the field right now :( She needs to show the crowd her good side and get her a dog thrown in for a really good show.
Ifly is right in regard to the fact that just being current is not a catalyst to share price movement. It is a basic expectation of a PTC to meet SEC rules and timelines. AND a catalyst does nothing until you have the necessary reactants.
However, the loss of the stop sign will allow more traders to consider taking a position in BRTX whereas they would/could not with the stop sign.
It's not a catalyst, but it has opened the gate to more "pigs" to wander in and start gobbling up shares.
Remember it's all a great adventure, enjoy the ride...
The current principle stock holders (warrant holders & others) have held on/ purchased shares these past few months. Since these holders all benefit from a higher share price, I expect to see a trend up in the pps.
The avg retail investor is not even a blip on the radar on the overall landscape (sorry guys, but those of us on this board are not deciding the direction of this pinky). That is unless there was a "gamestop" like action on this tiny penny stock - not likely to happen.
It wasn't long ago that BRTX topped $0.045/ share. And this was during their BK and with the same story as now, but actually with some growing structure- this is absolutely key.
I especially like all the patent action of late. This attracts large investors that use the number of patents issued per period as one of their leading indicators of a possible winner in the tech space.
My guess is that this thing is going to move up rather quickly to ~ .05.
Did a quick read. Disappointing on clearly no funding for " contemplated" Phase 2 trials. To pay for it by issuing shares would add an additional 1.25 B shares at $.01.
The problem is not shorting. It's lack of demand/ confidence in the company to date. We need + news, or PPS will continue to languish/ drop.
Needed that green finish today! A good sign of shifting sentiment. Need to be CURRENT!!!!!!!
Just got my "bust out" signal on BRTX. I guess we'll see
She was taking care of Neil and Buzz on the way there and back, so....
Bang, Zoom! To the moon, Alice, to the moon!
I wonder if we'll see the 10K finally come out after hours. Glad that management filed for an extension early (on 4/1 - HaHa). However, I am not happy that they could not make the 4/15 deadline. I hope the accounting staff all got COVID, so they can explain the further delay in reporting.
LOL. He means PHASE II clinicals. There a number of fazers around, I'm surprised no one has been hurt.
IMO, a significant rise in share price is likely to come soon.
Do the facts as you see it warrant a large rise in share price?
Well... It really doesn't matter what you, or I think.
When a ticker resonates with Buyers (people, or AI algorithms), price will ebb and flow like all other equities.
The unfortunate reality is that many don't like to bet on a horse that went through a BK. It's like a scarlet letter for a company until they start showing real promise.
I hope the 10K is just delayed due to the US Mail :)
Most companies have far more approved shares than they will ever issue, but usually in the 10M shares,or so level. However, $300B is an awful lot of approved shares.
If things go swimmingly for BRTX and they do eventually get listed on the NASDAQ, I can only assume that this "near infinite" number of approved shares would be re-established at a much more reasonable level.
FIRE SALE right now!!!!!
There she is... sub penny. Gonna need something to spike demand, or this is just going to keep sinking.
It's like watching an athiest and a zealot trying to convince the other of a truth. It's a useless argument and will never bear any fruit.
Positive energy combined with sensible evaluation of the facts is a winning combination.
One requires a certain constitution to play with this equity. I wish I had a better model to predict the future, but of course I don't (but then again ...). What I whole heartedly believe is that either BRTX will blow up or shoot up, nothing in between. When you add up the pros/ cons (many are subjective) and when you compare to similar Biotech stories, albeit not BK recoveries, it should be valued at at least $.05 - Again, it depends on what you think the market Cap should be vs how big it could get to with some significant buying. I too believe the $300B approved shares is way too high, but I really don't think that this will come into play in a big way in the short term.
I made $170k in one day on BRTX, when it landed up 125% not that long ago. And that was before the filings, etc.
This baby has a good chance to go, I just wish the general public can be "snookered"...., I mean convinced to buy this most valuable equity.
May the Universe bring us all good fortune: Go BRTX!!
The 300 b approved shares are not in play at this time. There is no way they could dump any more shares into this market environment. It would sink to the quads and then to ZERO.
They have another 15 days past based on the filed extension. It would be great to see it today, but it doesn't seem too likely.
Standard technicals don't work on BRTX. I thought I had found some combos that work, but then she goes and does what u wouldn't expect.
It hasn't been above the RSI 50 line for over 2 days now. She's like a submarine staying under the line...
Either she'll submerge for another period of time, or she'll pop up to the surface ..Only the Shadow knows....
Just when you think she's down.... she gets back up. $.01 is very cheap. We should be closing around .013.....again.
When your mindset is one of standing under a sewage pipe vs sitting upon the thrown well above, I would expect this kind of view LOL
From my perspective, we are seeing the natural tremors of a ticker about to jump several energy levels above current.
Top Billing of the three...nice
Interesting result today. I was hoping for a sustained gain, but then again this is BRTX...
I will continue to play the oscillations until she finally breaks out above its 200 EMA.
We should see volume rise precipitously moving forward...IMO
Well... it looks like it dipped in the red after all :(
I'm still looking for the other half of the camel toe for EOD. I guess we will see. Need volume, or it will slowly decay.
Longs... Have no worries. BRTX is like an old lawnmower that was kept in a shed for too long. She's gonna take a few pulls to get her really started.
Looking for .017 today. This would be an excellent sign for price acceleration up and through .05 in the coming days. A huge amount of cash is available to flow w/ stop sign down and last 10Q. When we start seeing some institutional buys, we are in the $$
New to GLSI. WTF happened last night/ this morning? -20% on good news...?